Global Longlife Hospital & Research (BOM:543520) Equity-to-Asset : 0.83 (As of Sep. 2023)

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What is Global Longlife Hospital & Research Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Global Longlife Hospital & Research's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹653.2 Mil. Global Longlife Hospital & Research's Total Assets for the quarter that ended in Sep. 2023 was ₹784.4 Mil. Therefore, Global Longlife Hospital & Research's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.83.

The historical rank and industry rank for Global Longlife Hospital & Research's Equity-to-Asset or its related term are showing as below:

BOM:543520' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.27 Med: 0.5 Max: 0.9
Current: 0.83

During the past 5 years, the highest Equity to Asset Ratio of Global Longlife Hospital & Research was 0.90. The lowest was 0.27. And the median was 0.50.

BOM:543520's Equity-to-Asset is ranked better than
89.84% of 679 companies
in the Healthcare Providers & Services industry
Industry Median: 0.46 vs BOM:543520: 0.83

Global Longlife Hospital & Research Equity-to-Asset Historical Data

The historical data trend for Global Longlife Hospital & Research's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Global Longlife Hospital & Research Equity-to-Asset Chart

Global Longlife Hospital & Research Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

0.29

0.27

0.37

0.50

0.85

Global Longlife Hospital & Research Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial			-	0.50	0.90	0.85	0.83

Competitive Comparison of Global Longlife Hospital & Research's Equity-to-Asset

For the Medical Care Facilities subindustry, Global Longlife Hospital & Research's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Global Longlife Hospital & Research's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Global Longlife Hospital & Research's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Global Longlife Hospital & Research's Equity-to-Asset falls into.

Global Longlife Hospital & Research Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Global Longlife Hospital & Research's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	642.897	/	759.383
	=	0.85

Global Longlife Hospital & Research's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	653.191	/	784.447
	=	0.83

Global Longlife Hospital & Research (BOM:543520) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

Global Longlife Hospital & Research Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Global Longlife Hospital & Research's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Global Longlife Hospital & Research (BOM:543520) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Global Longlife Hospital & Research Ltd (BOM:543520) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pakwan Cross Road, Near Sindhubhavan Road, Near Water Tank, Opposite Auda Garden, Bodakdev, Ahmedabad, GJ, IND, 380054

Website

https://www.globalhospital.co.in

Global Longlife Hospital & Research Ltd provides health care services. The company offers Oncology, Ophthalmology, Cardiology, Dermatology, Gynecology, Spine Surgery, Plastic Surgery, Ultrasound, Microbiology, Dialysis, and Physiotherapy among other healthcare services.

Global Longlife Hospital & Research (BOM:543520) Headlines

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